Super yacht ambitions to boost cruise port margins
Nassau Cruise Port’s chief executive is optimistic that its “super yacht destination” ambitions and full opening will significantly improve operating income margins that are currently among its parent’s lowest.
FTX US chief moves to ratify Bahamas co-operation deal
FTX’s US chief last night moved to ratify the co-operation agreement thrashed out with the crypto exchange’s Bahamian joint provisional liquidators to end two months of bitter public clashes.
Fiscal Council’s reports ‘not a flip of the switch’
A Fiscal Responsibility Council member yesterday said there was nothing sinister about the body’s delayed publication of two key reports, and asserted: “This is not a flip of the switch.”
BID is ‘missing piece’ of downtown’s puzzle
The Downtown Nassau Partnership’s (DNP) co-chair says the creation of an authority to truly manage the city is “the missing piece of the puzzle” with his group having achieved “80 percent of what we set out to do”.
‘Good time to be a seller’, says realtor
A Bahamian realtor yesterday said it is a “good time to be seller” as the demand for properties valued under $500,000 has generated numerous inquiries from prospective purchasers.
Don’t allow preparation to become procrastination
Starting a business can often be a worrisome decision, especially if you have never done it before. It is so easy to spend months, or even years, researching best practices to avoid potential pitfalls. But procrastination can also be just as big a hindrance to becoming an entrepreneur, especially if all your friends and family will be watching and you do not want to be viewed as a failure.
‘Be careful how world eyes Freeport change’
THE GRAND Bahama Chamber of Commerce’s president yesterday warned that the Government must pay attention to how its actions are perceived by potential investors as it strives for major in Freeport’s governance.
Poultry producer gains $40k solar finance help
An Abaco poultry producer yesterday disclosed it has received a $40,000 “small climate grant” to finance the installation of solar energy at its farm.
Water Corp eyes upkeep slash through electric vehicle spend
THE WATER and Sewerage Corporation yesterday said it is investing $100,000 in acquiring electric vehicles as part of a strategy to slash $4m-$5m in annual auto maintenance costs.
'Right track': Gov't push for big GBPA shake-up
The Prime Minister yesterday said the Government is in talks with the Grand Bahama Port Authority (GBPA) to place Freeport "on the right track" as it pushes for a major shake-up in the city's governance.
Construction chief challenges minority foreign owner block
The Bahamian Contractors Association's (BCA) president has challenged whether the Government can lawfully bar a foreign investor from becoming a minority partner in a local construction company.
AID 'most concerned' over BPL rate hikes
A major Bahamian retailer yesterday voiced optimism that 2023 will be "marginally better" than last year while revealing it is "most concerned" about Bahamas Power & Light's (BPL) rate hikes depressing consumer spending.
BTC contractors seek better working terms
Bahamas Telecommunications Company (BTC) contractors yesterday asserted they have been without valid employment contracts since June 2022 as they demanded improved working terms and conditions.
SBF: Bahamas attacks motivated by prejudice
Sam Bankman-Fried planned to mount an impassioned defence of The Bahamas before the US Congress by implying that attacks on it over FTX's implosion were motivated by racism and prejudice.
Gas stations explore going cashless move
GAS stations may become cashless in the near future as they seek to drive greater efficiencies beyond long-running negotiations with the Government over a margin increase, it was revealed yesterday.
